Storskogen divests business units and announces non-cash impairment
Storskogen Group AB (publ) (“Storskogen”) has entered into an agreement to divest nine business units to M Industrial Invest AB, and simultaneously announces a non-cash impairment of approximately SEK 920 million in the second quarter. The divestment will allow Storskogen to allocate more time and resources to other business units with greater potential for profitable growth and improves the Group’s overall profitability. During the last twelve months, this corresponds to an increased adjusted EBITA margin of 0.7 percentage points. As a consequence of the divestment, Storskogen initiates